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Listed by Mark Raffaelliof Jameson Sotheby's Intl Realty
$ 999,900
Est. payment /mo
Active
3716 W BELMONT Avenue Chicago, IL 60618
3,304 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $302
MLS Listing ID 12436480
Year Built 1914
Annual Tax Amount $8,301
Tax Year 2023
Lot Dimensions 3696
Property Sub-Type Mixed Use
Property Description
Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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